A very easy
EA to create, just place a pending orders and re-active who were activated (two
opposite orders with different lot size every some points)
In beginning
the EA will open two random opposite positions at same time with same lot size in
same price (just the spread between sell and buy),
And every
DST points the market moved from the beginning orders, the EA will open two
opposite positions but by different lot size (lot size for stop order for the
position in direction of market, and lot size for limit order for the position
in opposite direction of market)
So the EA after
the two beginning orders (same price same time same lot) will put X pending
orders up and down the market. Every DTS point up the market put buy stop and
sell limit, and same orders at 2ˣDST points, else at 3ˣDST...........XˣDST pending orders.
and every DTS points down the market put sell
stop and buy limit, and same orders at 2ˣDST points, else at 3ˣDST...........XˣDST
pending orders.
But the EA
must follow the market and re-active the orders who were activated with this
principle.
For
example: after the beginning positions(sell and buy) the market move up DST points and active the
first pending orders (buy stop and sell limit ), so the EA must put another
orders sell stop and buy limit down the market (in the beginning price ) . if
the market move up again by 2xDST points and active the second orders (buy stop
and sell limit) , the EA must put another pending orders down the market (sell
stop and buy limit)
“BUY STOP
and SELL LIMIT up the market“ “SELL STOP
and BUY LIMIT down the market “
“BUY STOP
and SELL STOP same lot size“ “SELL LIMIT and BUY LIMIT same lot size “
LOT start:
lot size for the beginning orders (sell and buy)
LOT
limit: lot size for the orders in opposite direction of market (buy limit and
sell limit)
LOT
stop: lot size for the orders in the direction of market (buy stop and sell
stop)
DST:
number of points between orders
X
orders: number of pending orders up the market and down the market (you can
fixed at 10 up and 10 down)
TP: is a
common for all orders
SL: is a
common for all orders
SLBE: move SL to open price in this profit in point
BEplus: move SL on this profit in pips
( for SLBE and BEplus you can see
the EA HOOVER https://www.mql5.com/en/market/product/19909#!tab=tab_p_overview)
Spread:
N (if more than N ,don’t active the orders)
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